$1,200,000
Updated 2 years ago
Off Market

36-48 35th Street

Long Island City, Queens | 36th Ave & 37th Ave

11 Rooms3 Beds3 Baths1,600 Square FeetMulti-Family

$1,200,000
floors / apts2 / 2
Lot Size25'x101'
Built Size25'x32'
ZoneM1-1
Building TypeHouse
RE Taxes$7,428
Price Per SF
$750

Outdoor space and views

  • Backyard [24'x54']
  • Patio [13'x9']
  • Park Views

Property Description for 36-48 35th Street

Long Island City Multi-Family Investment Opportunity Available! Total Area: 1600 Sqft Unused FAR: 933 sqft Basement: approximately 600+ sqft , Full finished basement (below grade) Zoning: M1 - Light Industrial Opportunity Zone: Qualified Details 1st Floor Unit: Layout: 1 Bedroom, 1 Bath Apartment Current Status: Excellent tenant paying $2000/month, or can be delivered vacant Features: Spacious living area, well-maintained, direct access to indoor/outdoor deck and large backyard, steady rental income. 2nd Floor Unit: Layout: 2 Bedroom, 1 Bath Apartment Current Status: Delivered vacant, ideal for short-term rentals or long-term lease Features: Proven success as a short-term rental, attractive layout. Basement: Status: Full finished, below grade Potential Use: Storage, additional living space, or conversion for other uses, has a 3rd Full Bathroom Additional Information: Unused FAR: 933 Sqft available for potential expansion. Don't miss this rare investment opportunity in a versatile property with significant income potential and development possibilities. Whether you're looking for a steady rental income or a successful short-term rental, this property has it all. For more information or to schedule a viewing, contact us today!

Building Details for 36-48 35th Street

OwnershipMulti-Family
Building TypeHouse
AgePre-War
AccessWalk-up
Year Built1901
Floors/Apts2/2
Learn More About the Building

Transit and Citi Bike

Subway

36 St
0.14 miles
36 Av
0.22 miles
39 Av-Dutch Kills
0.27 miles
Steinway St
0.42 miles

Citi Bike

37 Ave & 35 St
0.06 miles
34 St & 38 Ave
0.15 miles

Contact Agent

Contact Agent

Long Island City | Queens

Quick Profile

Long Island City, the name does sound a little far away, like it requires a lengthy drive to get to. Think, again. Long Island City, also known as LIC, is nestled in the western corner of Queens along the East River. Midtown Manhattan is closer to Long Island City than it is to downtown Manhattan.

 LIC is bordered by Sunnyside to the east, the East River to the west, Astoria to the north, and Newton Creek which separates Queens from Greenpoint Brooklyn to the south. 

 A once-shabby manufacturing epicenter, the neighborhood is a mix of industrial, commercial and residential. In recent years it’s seen a rise in some seriously cool factors. Populated by young professionals, multi-ethnic immigrants, and hipsters, LIC has a happening nightlife scene, fantastic restaurants (some of them Michelin starred), art museums and galleries. Much of the waterfront access has been redeveloped into sustainable public green spaces with modern design.  

 Although much of the industrial / manufacturing companies have since left LIC, many still reside there. They tend to co-exist with new residential building development the same way they do in other neighborhoods like Williamsburg and Greenpoint.

 Office building developers and business tenants play a vital role in LIC too. It’s considered New York City’s fourth central business district next to Midtown, downtown Manhattan and downtown Brooklyn.

 As you traverse the streets of LIC, you’ll notice the change from block to block. Industrial warehouses on one block, a bustling Main Street, followed by a park block with sleek luxury high-rise buildings. It’s all part of the LIC vibe.

 For a small neighborhood, the transportation links are excellent. For starters, you just can’t beat living one subway stop from Manhattan (7 train). Other train lines include E, M, R, N, Q, and the G lines. There are also less conventional methods of transportation like the NYC Ferry, which offers three ferry landings. There is no shortage of CitiBike’s in LIC either. Many folks commute to work by way of cycling over the Queensboro Bridge.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 96428TH